Why is Land Transfer Tax doubled in Toronto?

Properties purchased inside the City of Toronto are subject to both the Ontario Provincial LTT and the City of Toronto Municipal LTT (MLTT).

When is Land Transfer Tax paid during a property purchase?

Land transfer taxes are paid in cash as part of your legal closing costs on the day the real estate transaction completes.

CanadaLand Transfer Tax (Ontario & Toronto MLTT)Finance & Salary

Canada Land Transfer Tax (Ontario LTT & Toronto MLTT) Calculator

Calculate Ontario provincial Land Transfer Tax (LTT) and municipal Toronto Land Transfer Tax (MLTT) with statutory First-Time Homebuyer Rebates (up to $4,000 Ontario rebate + $4,475 Toronto rebate = $8,475 total).

Real Estate & Property Housing & Residential Taxes & Duties

Calculator Inputs

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Property Purchase Price (CAD $)

CAD $

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Property Geographical Location

First-Time Homebuyer Status

Calculated ResultLand Transfer Tax (Ontario & Toronto MLTT)

Total Net Land Transfer Tax Payable at Closing

22,950CAD $

Total First-Time Buyer Tax Rebates Received

4,000 CAD $

Ontario Provincial Land Transfer Tax (Net)

9,475 CAD $

Detailed Calculation Breakdown

Ontario LTT (Gross)

13,475 CAD $

Toronto MLTT (Gross)

13,475 CAD $

Total Rebates

4,000 CAD $

Net Tax Payable

22,950 CAD $

Calculation Methodology

Ontario LTT: 0.5% first $55k, 1.0% ($55k-$250k), 1.5% ($250k-$400k), 2.0% ($400k-$2M), 2.5% (> $2M). Toronto MLTT mirrors provincial rates.

Important Legal & Educational Disclaimer

Homes purchased within the City of Toronto are subject to both Ontario Provincial LTT and Toronto Municipal MLTT (double land transfer tax).

This calculator is designed for educational and informational purposes only based on public statutory frameworks. The outputs do not constitute binding financial, tax, or legal advice. We assume no liability for decisions made based on these estimations. Always verify with the relevant official authorities or a certified professional advisor.

Frequently Asked Questions

First-time buyers in Toronto can receive up to $4,000 from the Ontario provincial rebate and up to $4,475 from the Toronto municipal rebate, saving up to $8,475 total.

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Canada Land Transfer Tax (Ontario LTT & Toronto MLTT) Calculator

Calculator Inputs

Detailed Calculation Breakdown

Calculation Methodology

Important Legal & Educational Disclaimer

Frequently Asked Questions

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